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. >> next, team obama considering corporate tax cuts. could that be a dealmaker in d.c.? free up the cash. turn the economy loose. larry investigates. the kudlow report next on cnbc. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it.
. >> next, team obama considering corporate tax cuts. could that be a dealmaker in d.c.? free up the cash. turn the economy loose. larry investigates. the kudlow report next on cnbc. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did,...
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Dec 5, 2012
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the opposite of what obama said. they don't believe it. they want a western european style cradle to grave state. they want to make sure that they preserve it and they want to pay for it. the middle class is going to be nailed and they are going to blame republicans and they are going to have to go back to get more money. isn't it mostly true, taxing the rich, and you poll the whole electric. the middle income people believe they are going to be next. middle income say you are not going to get enough money there. they are going to hit me and there is going to be a carbon tax. president obama needs to expand the government. i wish the majority of the middle class saw it that way. more than half the country felt that his left wing agenda was it. it isn't eventually the middle class is going to get nailed. and the spin will be that republicans jacked up the economy so badly. >> i think that is where this is going. i think there could be a tax and maybe it can't get through congress. but i have never seen a time, i have seen polls on this. tax
the opposite of what obama said. they don't believe it. they want a western european style cradle to grave state. they want to make sure that they preserve it and they want to pay for it. the middle class is going to be nailed and they are going to blame republicans and they are going to have to go back to get more money. isn't it mostly true, taxing the rich, and you poll the whole electric. the middle income people believe they are going to be next. middle income say you are not going to get...
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Dec 5, 2012
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i just did a lot of cuts that mean nothing. boy, how much did i save us over ten year. >>> thank you, rick. more santelli in the third hour. >>> still ahead, of course, live coverage of president obama's remarks on the fiscal cliff and the negotiations before the business roundtable. we'll bring that to you live in just a few minutes. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> with the internet streaming space, hey, there melissa, we're looking at netflix bouncing around based on comments from the chief content cipher but the stock took a bit of a hit when he said that netflix has to plans to cover the costs of the disney deal. nevertheless causing the stock to come off the best levels of the
i just did a lot of cuts that mean nothing. boy, how much did i save us over ten year. >>> thank you, rick. more santelli in the third hour. >>> still ahead, of course, live coverage of president obama's remarks on the fiscal cliff and the negotiations before the business roundtable. we'll bring that to you live in just a few minutes. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've...
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Dec 5, 2012
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here's the top ten led by the second-year running, president barack obama. the highest ranking female, angela merkel. then mr. putin of russia. bill gates, pope benedict, ben bernanke, saudi king. more on how the list was assembled and other details, forbes media ceo, mike, thanks for being with us. >> this is important to us because nothing personifies what we do at forbes like our power list. we're about success and the impact of people who achieve success have. we have ten editors who get together. we draw on a huge bank -- >> they always agree on everything. don't they? >> exactly. there is some subjectivity, i must admit. they talk about the number of people that someone influences. the amount of financial resources that they have. how many spheres they operate in, are they just financial or are tle political or philanthropic. the fourth criteria is do they act on their power, do they use their power. and if you look at -- >> that's the reason why bill gates would rank so high here is how he has used some of his financial power in the philanthropic sphe
here's the top ten led by the second-year running, president barack obama. the highest ranking female, angela merkel. then mr. putin of russia. bill gates, pope benedict, ben bernanke, saudi king. more on how the list was assembled and other details, forbes media ceo, mike, thanks for being with us. >> this is important to us because nothing personifies what we do at forbes like our power list. we're about success and the impact of people who achieve success have. we have ten editors who...
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Dec 13, 2012
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but when you look at the potential solutions, does obama have a mandate? we asked that question. you see very big numbers, 68% says he has a mandate to cut taxes for people who earn less than 250k. 65% say he has a mandate to raise taxes on the wealthy while cutting spending. both elements are important. and when you ask about eliminating the bush tax cuts for people who make more than 250,000, 59% say he has a mandate to do that. so the president clearly has the whip hand in the negotiations, but, of course, members of congress don't respond to national polls. they're fought elected nationally like the president. they're responding to their districtes and that's why we have a different number to solve. >> i saw a number on nightly last night that was sadly low. we try to make something out of it. who would you blame if we go over? and it was 19 to 24. that was weird, wasn't it? that's where -- >> well, i think in some respects -- >> 19 we plame i think the president and 24% would blame -- that's not very -- that's like 24%? that's all you can get for that? you can't even make a
but when you look at the potential solutions, does obama have a mandate? we asked that question. you see very big numbers, 68% says he has a mandate to cut taxes for people who earn less than 250k. 65% say he has a mandate to raise taxes on the wealthy while cutting spending. both elements are important. and when you ask about eliminating the bush tax cuts for people who make more than 250,000, 59% say he has a mandate to do that. so the president clearly has the whip hand in the negotiations,...
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Dec 11, 2012
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how do we cut the defense budget now? >> jim, i'm not disagreeing with you. >> what's the -- >> first audit of the defense firms we don't even know where the money is being spent. i'm not disagreeing with you on defense. you want to really attack what's going to be an explosion in costs, it's brom ma care. obama care is so vastly or grocery underestimated in terms of costs. i mean currently, the current budget window is $1.7 billion. when true spending kicks in $2.5 and that assumes only 1 million employees lose employee sponsored care, get dumped in highly subsidized -- >> some -- >> people have their head in the sand on that one. that will add trillions of dollars to our deficit and nobody wants to talk about it. nobody's talking about medicare anymore. because the democrats have taken that off the table. i'm asking the democrats, show us your plan. then i know what i'm going to compromise with. >> but in theory there is a plan that would exist that you would say, okay, i'm not going to go along with the pledge that i s
how do we cut the defense budget now? >> jim, i'm not disagreeing with you. >> what's the -- >> first audit of the defense firms we don't even know where the money is being spent. i'm not disagreeing with you on defense. you want to really attack what's going to be an explosion in costs, it's brom ma care. obama care is so vastly or grocery underestimated in terms of costs. i mean currently, the current budget window is $1.7 billion. when true spending kicks in $2.5 and that...
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Dec 10, 2012
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, so fixated on the spending cuts that are coming and the tax increases. that's not going to be an issue for foreign investment? this is still the best place? we can get through all of these -- this regulatory environment, this increase so much and it's going to continue to -- >> look for all the regulatory challenges that we have, we still have the most transparency, the clearest rule of law, the most proven record of succession of power of anywhere in the world. >> yeah. >> so the confidence level can be there. in terms of being fixated on tax increases, i think senators have been very clear about that. the proposed tax increases are actually pretty small in the scope of the overall program that we're talking about. >> let me just, and i appreciate the work, frits, that you and others are doing. i've met with members of the fix the debt coalition and the advocacy that you're providing for a balanced plan. but we've encouraged members of your coalition to do is to impress upon the white house the importance of acountriesing entitlements. the president's l
, so fixated on the spending cuts that are coming and the tax increases. that's not going to be an issue for foreign investment? this is still the best place? we can get through all of these -- this regulatory environment, this increase so much and it's going to continue to -- >> look for all the regulatory challenges that we have, we still have the most transparency, the clearest rule of law, the most proven record of succession of power of anywhere in the world. >> yeah. >>...
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Dec 11, 2012
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i'm quoting president obama when he was senator obama, bad economic times is not the time to raise taxes on anyone. then why are we raising taxes -- >> the people are for it. we should extend the middle class tax cut and not the -- >> i don't want to be rude, but congressman garrett from new jersey and congressman from new jersey. >> thank you for being here. >> this mission continues. we've got much more from capitol hill. this morning, at 10:00, senator mark warner, and 11:00 a.m. former white house chief of staff, i remember when he was working in the private sector. now it's time for my co-anchor to come in. >> jim, i can't tell if you're having fun down there or not. you tweeted this morning that -- >> you call this fun? >> yeah. >> i'll tell you one thing, guys, listening to that conversation, a few minutes before the opening bell, front page of the "washington post," investors aren't waiting for a deal. they're selling stock, they're trying to sell homes. they're setting up shelters, gifts for taxes. this discussion is not academic by any stretch of the imagination. >> we have to
i'm quoting president obama when he was senator obama, bad economic times is not the time to raise taxes on anyone. then why are we raising taxes -- >> the people are for it. we should extend the middle class tax cut and not the -- >> i don't want to be rude, but congressman garrett from new jersey and congressman from new jersey. >> thank you for being here. >> this mission continues. we've got much more from capitol hill. this morning, at 10:00, senator mark warner,...